Successful KFC Franchise available.

Not Disclosed, MI
Emmet County

Northern Michigan KFC Franchise 4 Sale by Owner.


Asking Price: Annual Revenue:
$399,999 $625,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful KFC Franchise available. Broker: William Malek
Owner Financing is Available!
The owner will offer to finance up to 10%

Quick Facts

Asking Price: $399,999
Annual Revenue: $625,000
Net Profit: $60,500
Cash Flow: $60,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $210,000
Year Established: 1984
Employees: 20
BBN Listing #: 243156932
Broker Reference #: 210203

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Business Overview:

The current owner is seeking to retire after 36 years of success operating this franchise. The Owner is willing to sell the franchise and the Real Estate that it operates. This opportunity is COVID proof and is Ideal for a new franchise owner. Located in Emmet and Cheboygan Counties.

The franchise store is run with excellent efficiencies and profitability. The owner is willing to train for up to a one-season if necessary.

The Company has two key manager employees and uses fifteen to twenty summer employees that are hired through an employment service. Most of these employees are exchange students from other countries brought in as part of the hiring efforts for the Mackinaw City summer employment system.

The company is in competition with many fast-food franchises such as Burger King, McDonald's, Dairy Queen, Subway, and Pizza Palace. Other food franchises have come and gone simply because the franchise systems require year-round operations.

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Property Features and Assets:

All of the Company’s equipment on premises is included in the sale. The new owner must pass the KFC franchiser requirements to be a franchise owner.

Market Competition and Expansion:

While this franchise store hits its maximum potential the growth potential lies with new store expansions.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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